Great Power(SZ:300438)2025-05-09 09:28Financial Performance - In 2024, the company achieved a revenue of 7.961 billion CNY, an increase of 14.83% compared to the previous year [3] - The net profit attributable to shareholders was -252.46 million CNY, a decline of 685.72% year-on-year [3][5] Market Drivers - The demand for batteries is driven by carbon neutrality goals, leading to growth in energy storage, consumer, and power batteries [3] - Technological advancements have led to breakthroughs in battery platforms, including high energy density technology (>400Wh/kg) and low-temperature technology (-40℃) [3][4] Industry Trends - The global energy storage battery market is expected to see explosive growth, with a shipment scale of 314.7 GWh in 2024, a 60% increase year-on-year [6] - The consumer battery market is projected to grow at a compound annual growth rate (CAGR) of 6.24% from 2024 to 2032 [6] - The power battery market is anticipated to reach 894.4 GWh in installed capacity in 2024, a 27.2% increase year-on-year [6] Sector Performance - The lithium primary battery business generated revenue of 299.52 million CNY in 2024, a growth of 9.91% year-on-year [4] - The electric vehicle market is expanding, with sales of pure electric heavy trucks increasing by 139.4% to over 82,700 units [7]